Dear Editor,
Best of Chicago voting is live now. Vote for your favorites »
No one in the private sector would ever have gotten into something like this, and had they and discovered it was such a dog, they would have divested themselves of it as quickly as possible. With impaired investments, your worst hit is your first, and the earlier you take it, the less you lose.
Every day is a loss for the state. There is a time to bite the bullet. Yes, it should have been long ago, but that is yesterday’s news. What are we doing about it today? I stand behind my proposal as the only one which worked, and had it come into play, we already would have had $10 million in the till on the front end. Invested wisely, it would have already earned $210, 269.62 in interest with the potential of some $23 to $35 million down the road. Cash in hand, a predictable deal, is worth something rather than playing on the come. I do not think it is a wise course to ever play on the come with public finance.
